LisaNEdwards

BTC SAYS THE THREE MAGICAL WORDS...

LisaNEdwards Updated   
BITFINEX:BTCUSD   Bitcoin
Welcome back, it has been a while, 2 weeks to be exact and a lot has happened between BTC & Ronaldo. If you have been following their relationship you would be wondering how the romance is going...

Last time we met here on trading view BTC was a little bit confused she had 2 paths to choose from and she desperately wanted to be on the same path as Ronaldo, but as we discussed true love never runs smoothly, we saw she could have gone on her own to 10K but.... BTC decided to walk with Ronaldo.

Walking this path has been a challenge, every ALT has needed to follow BTC... she can feel them all cursing Ronaldo, BTC loves the attention she gets from the ALTs although Ronaldo is sometimes jealous of the ALTs and how attached they are to BTC :)

But BTC loves spending time with Ronaldo, he is funny and cute, and keeps her guessing. Like which way will he take her next... where does their path head together... So BTC needs to be more like Ronaldo and keep him guessing... does love conquer all?

Will she say the three magical words to him....
Sometimes you need to be a pro poker player and keep a few cards close to your chest... so really what BTC needs to know is when 14K, when is the BULL market back, so right now the magical three words for BTC are...

WHEN MOON SIR?

But is it too early to say those 3 magical words?

THE TECHNICAL STUFF
we are in the final stages of this correction in a channel which is a bullish reversal pattern.
We will meander slightly higher and sideways over the next day or so, and then the next stop down for BTC should be between 7140-6840 with a quick wick back over the yellow uptrend line.
I don't see us staying very long under this, if we do, there could be major issues BTC will need to conquer. (we will face that if and when that happens)
Once we turn we are hitting wave 3 - which is usually the strongest and most powerful wave and able to cut through the strongest resistance.

So for now... Safe and happy trading!

REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimise your risk, use a stop loss.) ALWAYS!!!!!!!!!!!!!!!!!!!

LNE.

DISCLAIMER:

The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...

PS make sure you give me a like.... :) <3 Everyone likes it when a girl is on Top ;)



Comment:
BTC is in the 4th wave and it is not looking strong right now if it doesn't hit 7600 ranges we are going to test bottom again soon WISH BTC LUCK :)
Comment:
Comment:
At the moment it looks like we are trying to find the bottom we are holding the long term uptrend line and moving sideways for now....
Comment:
BTC Potential Price Pathway
The blue wave pattern shows where i think BTC is headed - it will feel like sideways until we complete this correction.
<3
Comment:
Still slowly moving sideways/ kind of up while we complete this 4th wave... I anticipate wace C of the 4th wave to hit around the $7,800 mark before completing wave 5 <3
Comment:
So the C wave didn't quite go as high as I would have liked it to go, huge amounts of selling pressure right now, but it is still on target to reverse at the red trend line
Comment:
following nicely :)
Comment:
Looks like wave failure as upper target not reached and supports broken :)
Comment:
if shorting watch supports of resistance levels for reversal, if waiting to go long, please wait and have patience for bounce

❣️Lisa N Edwards❣️

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